Latvia Bearings Market (2025-2031) | Forecast, Industry, Share, Analysis, Revenue, Segmentation, Growth, Outlook, Trends, Size, Value & Companies
Market Forecast By Product (Ball Bearings, Roller Bearings), By Application (Automotive, Agriculture, Electrical, Mining & Construction, Railway & Aerospace, Automotive Aftermarket, Others) And Competitive Landscape
| Product Code: ETC5166572 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Latvia Bearings Market Top 5 Importing Countries and Market Competition (HHI) Analysis
Latvia`s bearings import market in 2024 saw significant contributions from top exporting countries like Sweden, Germany, Poland, Lithuania, and China. Despite the low concentration indicated by the Herfindahl-Hirschman Index (HHI), the market experienced a negative compound annual growth rate (CAGR) of -4.04% from 2020 to 2024. The growth rate in 2024 alone declined sharply by -29.98%, reflecting potential challenges or shifts in the market dynamics. Monitoring future trends and developments in the bearings import sector will be crucial for stakeholders to adapt and strategize effectively.
Bearings Market: Latvia vs Top 5 Major Economies in 2027 (Europe)
In the Europe region, the Bearings market in Latvia is projected to expand at a stable growth rate of 3.02% by 2027. The largest economy is Germany, followed by United Kingdom, France, Italy and Russia.
Key Highlights of the Report:
- Latvia Bearings Market Outlook
- Market Size of Latvia Bearings Market, 2024
- Forecast of Latvia Bearings Market, 2031
- Historical Data and Forecast of Latvia Bearings Revenues & Volume for the Period 2021-2031
- Latvia Bearings Market Trend Evolution
- Latvia Bearings Market Drivers and Challenges
- Latvia Bearings Price Trends
- Latvia Bearings Porter`s Five Forces
- Latvia Bearings Industry Life Cycle
- Historical Data and Forecast of Latvia Bearings Market Revenues & Volume By Product for the Period 2021-2031
- Historical Data and Forecast of Latvia Bearings Market Revenues & Volume By Ball Bearings for the Period 2021-2031
- Historical Data and Forecast of Latvia Bearings Market Revenues & Volume By Roller Bearings for the Period 2021-2031
- Historical Data and Forecast of Latvia Bearings Market Revenues & Volume By Application for the Period 2021-2031
- Historical Data and Forecast of Latvia Bearings Market Revenues & Volume By Automotive for the Period 2021-2031
- Historical Data and Forecast of Latvia Bearings Market Revenues & Volume By Agriculture for the Period 2021-2031
- Historical Data and Forecast of Latvia Bearings Market Revenues & Volume By Electrical for the Period 2021-2031
- Historical Data and Forecast of Latvia Bearings Market Revenues & Volume By Mining & Construction for the Period 2021-2031
- Historical Data and Forecast of Latvia Bearings Market Revenues & Volume By Railway & Aerospace for the Period 2021-2031
- Historical Data and Forecast of Latvia Bearings Market Revenues & Volume By Automotive Aftermarket for the Period 2021-2031
- Historical Data and Forecast of Latvia Bearings Market Revenues & Volume By Others for the Period 2021-2031
- Latvia Bearings Import Export Trade Statistics
- Market Opportunity Assessment By Product
- Market Opportunity Assessment By Application
- Latvia Bearings Top Companies Market Share
- Latvia Bearings Competitive Benchmarking By Technical and Operational Parameters
- Latvia Bearings Company Profiles
- Latvia Bearings Key Strategic Recommendations
Frequently Asked Questions About the Market Study (FAQs):
6Wresearch actively monitors the Latvia Bearings Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the Latvia Bearings Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Latvia Bearings Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Bearings Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Bearings Market - Industry Life Cycle |
3.4 Latvia Bearings Market - Porter's Five Forces |
3.5 Latvia Bearings Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Latvia Bearings Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Latvia Bearings Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for bearings in industries such as automotive, aerospace, and machinery |
4.2.2 Technological advancements leading to the development of high-performance bearings |
4.2.3 Growing investments in infrastructure projects driving the demand for bearings |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting the manufacturing cost of bearings |
4.3.2 Intense competition among market players leading to pricing pressures |
4.3.3 Economic uncertainties affecting the overall market demand |
5 Latvia Bearings Market Trends |
6 Latvia Bearings Market Segmentations |
6.1 Latvia Bearings Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Latvia Bearings Market Revenues & Volume, By Ball Bearings, 2021-2031F |
6.1.3 Latvia Bearings Market Revenues & Volume, By Roller Bearings, 2021-2031F |
6.2 Latvia Bearings Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia Bearings Market Revenues & Volume, By Automotive, 2021-2031F |
6.2.3 Latvia Bearings Market Revenues & Volume, By Agriculture, 2021-2031F |
6.2.4 Latvia Bearings Market Revenues & Volume, By Electrical, 2021-2031F |
6.2.5 Latvia Bearings Market Revenues & Volume, By Mining & Construction, 2021-2031F |
6.2.6 Latvia Bearings Market Revenues & Volume, By Railway & Aerospace, 2021-2031F |
6.2.7 Latvia Bearings Market Revenues & Volume, By Automotive Aftermarket, 2021-2031F |
7 Latvia Bearings Market Import-Export Trade Statistics |
7.1 Latvia Bearings Market Export to Major Countries |
7.2 Latvia Bearings Market Imports from Major Countries |
8 Latvia Bearings Market Key Performance Indicators |
8.1 Number of new product innovations in the bearings market |
8.2 Adoption rate of advanced bearing technologies in Latvia |
8.3 Percentage growth in demand for bearings across key industries in Latvia |
9 Latvia Bearings Market - Opportunity Assessment |
9.1 Latvia Bearings Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Latvia Bearings Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Latvia Bearings Market - Competitive Landscape |
10.1 Latvia Bearings Market Revenue Share, By Companies, 2024 |
10.2 Latvia Bearings Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
Pricing
- Single User License$ 1,995
- Department License$ 2,400
- Site License$ 3,120
- Global License$ 3,795
Search
Thought Leadership and Analyst Meet
Our Clients
Related Reports
- Vietnam System Integrator Market (2025-2031) | Size, Companies, Analysis, Industry, Value, Forecast, Growth, Trends, Revenue & Share
- ASEAN and Thailand Brain Health Supplements Market (2025-2031) | Strategy, Consumer Insights, Analysis, Investment Trends, Opportunities, Growth, Size, Share, Industry, Revenue, Segments, Value, Segmentation, Supply, Forecast, Restraints, Outlook, Competition, Drivers, Trends, Demand, Pricing Analysis, Competitive, Strategic Insights, Companies, Challenges
- ASEAN Bearings Market (2025-2031) | Strategy, Consumer Insights, Analysis, Investment Trends, Opportunities, Growth, Size, Share, Industry, Revenue, Segments, Value, Segmentation, Supply, Forecast, Restraints, Outlook, Competition, Drivers, Trends, Demand, Pricing Analysis, Competitive, Strategic Insights, Companies, Challenges
- Europe Flooring Market (2025-2031) | Outlook, Share, Industry, Trends, Forecast, Companies, Revenue, Size, Analysis, Growth & Value
- Saudi Arabia Manlift Market (2025-2031) | Outlook, Size, Growth, Trends, Companies, Industry, Revenue, Value, Share, Forecast & Analysis
- Uganda Excavator, Crane, and Wheel Loaders Market (2025-2031) | Strategy, Consumer Insights, Analysis, Investment Trends, Opportunities, Growth, Size, Share, Industry, Revenue, Segments, Value, Segmentation, Supply, Forecast, Restraints, Outlook, Competition, Drivers, Trends, Demand, Pricing Analysis, Competitive, Strategic Insights, Companies, Challenges
- Rwanda Excavator, Crane, and Wheel Loaders Market (2025-2031) | Strategy, Consumer Insights, Analysis, Investment Trends, Opportunities, Growth, Size, Share, Industry, Revenue, Segments, Value, Segmentation, Supply, Forecast, Restraints, Outlook, Competition, Drivers, Trends, Demand, Pricing Analysis, Competitive, Strategic Insights, Companies, Challenges
- Kenya Excavator, Crane, and Wheel Loaders Market (2025-2031) | Strategy, Consumer Insights, Analysis, Investment Trends, Opportunities, Growth, Size, Share, Industry, Revenue, Segments, Value, Segmentation, Supply, Forecast, Restraints, Outlook, Competition, Drivers, Trends, Demand, Pricing Analysis, Competitive, Strategic Insights, Companies, Challenges
- Angola Excavator, Crane, and Wheel Loaders Market (2025-2031) | Strategy, Consumer Insights, Analysis, Investment Trends, Opportunities, Growth, Size, Share, Industry, Revenue, Segments, Value, Segmentation, Supply, Forecast, Restraints, Outlook, Competition, Drivers, Trends, Demand, Pricing Analysis, Competitive, Strategic Insights, Companies, Challenges
- Israel Intelligent Transport System Market (2025-2031) | Strategy, Consumer Insights, Analysis, Investment Trends, Opportunities, Growth, Size, Share, Industry, Revenue, Segments, Value, Segmentation, Supply, Forecast, Restraints, Outlook, Competition, Drivers, Trends, Demand, Pricing Analysis, Competitive, Strategic Insights, Companies, Challenges
Industry Events and Analyst Meet
Startup Hub Expo 2025
Automechanika Dubai 2024
Mobile India Expo 2025
Media Expo New Delhi 2025
Consumer Electronics World Expo 2025
Whitepaper
- Middle East & Africa Commercial Security Market Click here to view more.
- Middle East & Africa Fire Safety Systems & Equipment Market Click here to view more.
- GCC Drone Market Click here to view more.
- Middle East Lighting Fixture Market Click here to view more.
- GCC Physical & Perimeter Security Market Click here to view more.
6WResearch In News
- Doha a strategic location for EV manufacturing hub: IPA Qatar
- Demand for luxury TVs surging in the GCC, says Samsung
- Empowering Growth: The Thriving Journey of Bangladesh’s Cable Industry
- Demand for luxury TVs surging in the GCC, says Samsung
- Video call with a traditional healer? Once unthinkable, it’s now common in South Africa
- Intelligent Buildings To Smooth GCC’s Path To Net Zero
